The Weir Group PLC

  • 2018-18578

    Posted Date 4 months ago(4 months ago)
    Title
    Director of Finance
    Job Location
    US-MO-St. Louis
    Shift Schedule
    Day
    Manages Others
    Yes
  • Company Profiles

    Weir has been in business since 1871 and our sustainability and success has been built on attracting, retaining, and developing exceptional people.

     

    As a global company, employing around 15,000 people in over 70 countries, we reflect the diversity of our customers in the diversity of our people and ensure everyone is given the opportunity to flourish regardless of their gender, race, beliefs or background.

     

    Weir is an inclusive and innovative organisation where you can be your authentic self. We continually develop our talent and diversity of thought to keep our business relevant, innovative and successful for the future.

     

    Enabling our people to unleash their full potential is central to ‘We are Weir’, our vision, mission, and strategic priorities. We aim to be the most admired engineering business in our markets and we'll achieve that ambition by being the employer of choice in our markets.

     

    We offer a wide range of career opportunities across a variety of technical and business roles in engineering, manufacturing and service locations worldwide.

     

    Business Need / Purpose of Role

    The Finance Director will greatly impact the company’s reputation, financial integrity and profitability. This individual’s expertise and passionate pursuit of accuracy and honesty will determine our ability to protect our business and grow our position in a competitive, global marketplace.

     

    This position shares the responsibility in delivering the companies’ safety, quality, delivery, cost and growth objectives with other senior management teammates and serves as the Risk/Compliance Officer for the Weir Minerals Lewis Pumps organization.

    Objectives & Measurement - Key Responsibilities

    Including but not limited to:

    • This position supervises 6-8 direct and 2-10 indirect reports.
    • Provide financial oversight and integrity to accurately reflect company performance and provide safeguards for shareholders, company officers, directors and our employees
    • Responsible for Environmental, Health and Safety management and policy commitments as prescribed for this role in Weir’s Duty of Care
    • Provide financial and cash management reports to assist Company President, Senior Staff, Divisional and Group managers in tracking company performance to budget/forecast
    • Oversee and ensure the protection, maintenance and accuracy of the companies’ Information Technology systems and processes
    • Establish and maintain adequate internal controls and financial policies and procedures for corporate compliance 
    • Implementation and programming of new group reporting requirements
    • Oversee external and internal audits  
    • Oversee company’s risk management, legal and Intellectual Property processes
    • Oversee the use of funds for capital expenditures and product development to ensure the efficient use of financial resources and project meets expected return on investment
    • Establish department staffing and training requirements to ensure the finance and administration organization has the necessary talent and capabilities to perform the required duties 
    • Create and monitor annual departmental budgets
    • Actively contribute to and participate in strategic planning, budgeting and forecasting processes
    • Provide the organization and Group with accurate and on-time financial reporting in compliance with International Financial Reporting Standards Group accounting policies
    • Internal relationships exist with all functional department staff heads and others
    • External relationships exist with select suppliers/vendors, customers, Group Finance personnel, and other Weir Finance Directors, as required

    Measurements:

    • Budgeted Input, Output and PBIT objectives
    • On-time, accurate and complete financial and tax reporting documentation/preparation and submittal in accordance with Generally Accepted Accounting Principles and per Group standards
    • Adherence to and achievement of department and company budgets

    Job Knowledge / Education and Qualifications

    Education and/or Experience:

    Minimum MBA degree (Finance, Accounting or Economics) and current CPA license required; Minimum 10 years management experience directing finance or accounting departments, preferably in an engineering or manufacturing background.  Previous CFO experience preferable.  SAP experience preferred.  Experience with Documo or Tablo a plus.

    Language Skills:

    Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.  Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.  Ability to write speeches and articles for publication that conform to prescribed style and format.  Ability to effectively present information to top management, public groups, and/or boards of directors.

    Mathematical:

    Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations.  Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.

    Reasoning Ability:

    Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

    Computer Skills:

    Highly skilled Microsoft office (Word, Excel, PowerPoint)

    Physical Demands:

    The employee must occasionally lift and/or move up to 15 pounds.

    Work Environment:

    Moderate (examples: business office with computers and printers, light traffic)

    Core Competencies

    Analytical - Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data; designs work flows and procedures.

    Problem Solving - Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with emotional topics.

    Managing People - Includes staff in planning, decision-making, facilitating and process improvement; takes responsibility for subordinates' activities; makes self available to staff; provides regular performance feedback; develops subordinates' skills and encourages growth; solicits and applies customer feedback (internal and external); fosters quality focus in others; improves processes, products and services.; continually works to improve supervisory skills.

    Business Acumen - Understands business implications of decisions; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals; knows the competition; is aware of how strategies and tactics work in the marketplace.

    Cost Consciousness - Works within approved budget; develops and implements cost saving measures; contributes to profits and revenue; conserves organizational resources.

    Safety – Observes safety procedures and works safely; determines appropriate action beyond guidelines; reports potentially unsafe conditions and participates in safety programs.

    Planning/Organizing - Prioritizes and plans work activities; uses time efficiently; plans for additional resources; sets goals and objectives; organizes or schedules other people and their tasks; develops realistic action plans.

    Ethics - Treats people with respect; keeps commitments; inspires the trust of others; works with integrity and ethically; upholds organizational values.

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